Expecting the price to keep ranging. First target at 43 USD.
A Megaphone structure with more bullish increases yet to come as indicated by the bars pattern A megaphone like this could also be referred as a rising expanding wedge , but megaphone is the correct terminology Bullish on this Monthly timeframe
$APA - Energy | Oil & Gas energy sector leads in RS over a 4wk period. $APA outperformed among the S&P500 names from yesterday's market selloff with a double bottom price pattern from its correction in a 2-years uptrend. BO lvl coincides with confluence of VWAP & KMAs at $37.50
Buy July 15 2022 $20 Strike Puts for Apache NASDAQ:APA . Category: Beyond Technical, Wave, Cycles, Gann.
oil retested the major down trend line. as long as we close the week above it, a new major uptrend will be confirmed on the long term. the release from the reserves just showed defeat for bidens green energy bs, that's why we got a pop on the news its an extremely bullish signal for oil. the population and industries are far from going green
IMO is the best looking oil company chart that I could find. The weekly pattern shows the possibility of a three week test of the low. This support level includes the 40 week moving average and the .326 fib retracement level. The wave structure suggests that we may be in the fourth wave of an impulse pattern, with wave five to begin soon. Often, wave five...
APA Corporation APA stock is still showing more strength recovering from its previous losses with a more upside potential to go. Entry: 18.70 Target: 20.00
It appears that Oil is in a wave 4 consolidation with wave 5 coming next. In commodities, the fifth wave is often the longest and most explosive. Short of moving into the futures markets, I'm curious as to what the best stock to play for a move to 100+ in oil. The chart below indicates that Chevron has best kept up with the price of oil with Exxon/Mobil...
Break 24.13 , Stop 20.67- Downward Channel and fallen angel setup. Recent insider buying.
Buy NASDAQ:APA Jul-16-21 10 Puts @ 0.88 Limit to Open
ENTRY: 9.65 TP1: 9.24 TP2: 8.34 SL: 10.02 - RSI<35 - ADX>25 - FFI and RSI -ve - Good volume breakdown on 13 Jan 2021 and retraced back with lower volume - Entered today
Risk management is a little tougher on this one. Id enter after it breaks out and set a 5% stop loss. Would target the gap fill as a primary target.
APA: multi months resistance break out in play. I like these sets up very much because the following move tend to be powerful. If you're bullish on oil, this is an interesting play. Trade safe.
Please note: just sharing my view. its not a recommendation for buying or selling
Hello! Friends, -This would be a great Buy Opportunity, IF NYSE:APA breaks up the Resistance line at $12.62 !!